Big retirement village operator first to branch into home care services in the community stuff.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from stuff.co.nz Daily Mail and Mail on Sunday newspapers.
Marta Steeman16:49, May 26 2021
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Owners of retirement villages are promising to tackle long waits for refunds for residents’ estates when licences to occupy units and apartments are resold to other residents.
Owners of retirement villages are making some concessions on issues upsetting residents and their families but not on the big one of sharing “capital gains”. The Retirement Villages Association, representing village owners, is promising to tackle long waits for refunds when residents leave villages and the licences to occupy units and apartments are resold. The owners’ association has also committed to reviewing occupation right agreements to ensure they are clear on the terms and conditions and the responsibilities between owners and residents, particularly for maintenance, repair and replacement of operator-owned chattels.
Building consents: Summerset Village s $40 million addition
13 May, 2021 06:00 PM
5 minutes to read
Summerset by the Dunes main building in Pāpāmoa will be similar to the newly opened main building at Summerset Rototuna in Hamilton pictured here. Photo / Supplied
Summerset by the Dunes main building in Pāpāmoa will be similar to the newly opened main building at Summerset Rototuna in Hamilton pictured here. Photo / Supplied
A new $40 million Pāpāmoa retirement village project will add another 119 serviced apartments, care and dementia beds to the Bay s highly demanding market. The Tauranga City Council has approved a building consent for Summerset
Four retirement bosses quit: Shakeup at top of listed sector
3 May, 2021 05:00 PM
5 minutes to read
Retirement village Govt entity hits out at confusing contracts . Video / Supplied
Four heads of listed retirement businesses have left in the last few months, with the latest on Monday being Arvida s Bill McDonald. In November, Julian Cook of Summerset Group said he was retiring from the job he had done for seven years, having worked at the business for 10 years. Former CFO Scott Scoullar now heads that company.
In March, Oceania Healthcare chief executive Earl Gasparich resigned and Metlifecare said it was employing him to implement its growth strategy. Oceania is now headed by Brent Pattison who was its CFO.
Local Matters - Retirement village terms under microscope localmatters.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from localmatters.co.nz Daily Mail and Mail on Sunday newspapers.